OpportunityDb: Opportunity Zones Database

Featured OZ Fund

Island Paradise QOF

Converting Distressed Assets to High End, Cash Flowing Hotels

Island Paradise has acquired a portfolio of distressed assets in Puerto Rico — where 95% of the island is an Opportunity Zone — and is developing them into world class hotels and resorts. 

Led by a team on the ground in Puerto Rico, this fund is combining the OZ incentive with additional tax credits only available in Puerto Rico. 

About Island Paradise

Led by a team of real estate investors based in Puerto Rico, Island Paradise QOF was formed to purchase distressed assets and develop them into world class hotels and resorts. This QOF offers a unique opportunity to invest in a portfolio of assets that have already been identified and purchased, with renovations already underway on multiple properties. 

The portfolio includes a boutique hotel in San Juan, a “jungle retreat” located outside the urban center, and two high end resorts with beachfront access in beautiful Cabo Rojo. 

Additional Fund Details

Investment Opportunity

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